Elizabeth Warren Loses It on Trump’s Earnings Plan… Dubs It “Trust Me, Bro” Economics

Warren argues Trump’s plan isn’t to save CEOs money… it’s to save himself from four scheduled roastings of DJT’s balance sheet.

Just as SEC Chairman Paul Atkins bent the knee and said he’d push a rule change to let companies report earnings twice a year instead of quarterly… Elizabeth Warren (often known as Pocohontas) showed up ready to throw elbows. And I have to admit… this is pretty entertaining.

She went full throttle in a TV interview, blasting the move as an attempt to bury the numbers. Her line was, “it undermines transparency,” which really means: “this guy doesn’t want anyone to see how ugly the books are.” She pointed out Trump fired the Bureau of Labor Statistics commissioner after a nasty jobs report, and now he wants to give public companies six months before anyone notices the rot. Sounds familiar, doesn’t it?

And let’s be real. Even if you set politics aside, Trump’s sudden obsession with this issue just so happens to line up with DJT (his own stock) going public. That little experiment in capitalism has been uglier than Rudy Giuliani’s hair dye drip. The company has managed to lose about $400 million while pulling in only $3 million in revenue. Need I say more? If you ran a hot dog cart this badly, they’d ban you from every baseball stadium in America.

So of course Trump wants fewer earnings reports. Why endure four public roastings a year when you can condense the pain into two? Twice the suspense, half the humiliation. It’s like getting ghosted instead of dumped in person… still hurts, but at least it happens less often (hopefully).

Atkins, meanwhile, hopped on CNBC today and said he loved the idea, promising to get the SEC moving. Not that he had much of a choice… the alternative was waking up to a Truth Social post calling him a “loser” and threatening to fire him Apprentice-style. If this passes, companies can either keep reporting quarterly like responsible adults… or disappear for six months and then pop back up to announce bankruptcy. And honestly, the choice between two reports or four probably says more about a company than any analyst note. Maybe that’s the real investing strategy hiding in plain sight.


(Source: CNBC)

My problem with all of this is that quarterly earnings are the closest thing investors get to daylight. They’re the only reason you know whether your CEO is actually running a company or if he’s an absolute buffoon dressed up in a suit and tie. Kill that cadence, and hedge funds will still have the tools to piece together the truth. But retail investors will be left squinting in the dark, trying to tell if they bought into a rocket ship or a sinking Carnival Cruise. Also, if we’re already getting 20-30% stock dumps after a disappointing earnings report from retailers like Macy’s, imagine how bad it will be if they only report two times a year. Every stock will move like a penny stock.

So yeah, Warren says it’s about hiding numbers, and as embarrassing as this is to admit… she might be right about this. If this rule passes, get ready for six-month stretches of radio silence from public companies, broken only by press releases that read like, “Trust me, everything’s great.” Which, in Trump’s case, really just means, “Please don’t look too closely at the $400 million bonfire I’ve got going behind me.”

At the time of publishing this article, Stocks.News doesn’t hold positions in companies mentioned in the article.